Wealth managers tip India to outperform China for long-term returns
Wealth managers have emphatically backed India, not China, to provide the best returns for investors in the long- term, Citywire's Private Client Investment Management forum held on Wednesday showed.
Seventy per cent of leading private client investors said India offered investors better long-term potential than China. Some 24% backed China while the rest were undecided.
The thrust of arguments in favour of India suggested that while there is great opportunity within China the Indian business community has a much more straightforward approach to making money.
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